Tuesday, November 10, 2009

Abundance mentality

This is not a new concept and certainly not my idea.

The abundance mentality implies there is plenty for all. Everyone can get what they want without having to deprive anyone else of their desires. One way to achieve abundance is to increase the size of the pie. This requires high self-esteem and creativity.

The scarcity mentality on the other hand focuses on dividing the pie. This automatically assures that to get more, someone else needs to get less. A scarcity mentality is a sure recipe for conflict and frustration.

Strategy execution requires stakeholders to give and take. Strong facilitation and leadership is required to focus teams on the abundance mentality. A scarcity mentality results is dysfunctional politics and turf battles.

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